CMBS

Goldman Sachs plans to issue a $500million single-borrower CMBS backed by Kings Plaza Mall in Brooklyn.

Morgan Stanley and Bank of America Merrill Lynch issued a $1.13 billion conduit, series 2013-C8 on Tuesday afternoon.

The securitization investor class of 2013 is likely to be the most geographically diverse group since before the onset of the financial crisis.

Investors no longer feel limited to their own country for securitization investment opportunities; they are becoming comfortable with the risks and rewards of investing in and owning a global book.

REO to rental has come a long way in the past year, but it is still not clear what role securitization will play in the financing of repossessed homes for conversion to rentals.

Spreads on asset-backed securities narrowed sharply across the board in 2012, but some sectors are already looking rich, according to participants at the ASF 2013 conference.

Standard & Poor’s said in a report today that they expect refinancing pressure to intensify for European CMBS as $22.6 billion in loans is set to mature in 2013.

Many sectors of the market are rallying, investors have returned, enthusiasm is running

Spreads on asset-backed securities narrowed sharply across the board in 2012; as justified as this was, some sectors are already looking rich, according to participants at the ASF 2013 conference.

The delinquency rate of securitized commercial real estate loans dropped sharply in January down to the lowest level in 11 months mostly due to improvements in the performance of multifamily loans.